Roadside Hotels Expect Boom From Infrastructure and AI Spending
Skift Take
Blue-collar workers need more places to sleep while traveling for jobs. That's because the U.S. government wants to fix bridges and other infrastructure, while Amazon and other tech giants want to build data centers to support AI usage. Hotel companies stand to gain.
Hotel companies continue to gear up for a surge in demand from workers wearing hardhats as more than $1 trillion in public and private infrastructure spending is set to fuel years of U.S. construction projects.
An expected influx of traveling workers is reshaping the maps where hotel groups plan to open properties. To capitalize on this trend, some hotel groups have added extended-stay and budget brands.
Driving the news: Federal spending In August 2022, the U.S. set aside about $1 trillion over a decade to spend on fixing bridges, roads, and dams. So far, only 4% of infrastructure money has been spent, according to Wyndham executives. Tech-giant spending: Amazon Web Services, a brand that manages Amazon’s cloud business, plans to invest about $100 billion in opening data centers over the next 10 years. AI-driven spe